I have been asked to report on the relationship between two right-skew financial variables using R-squared e.g. "market cap explain ?% of the variance in CEO compensation". The purpose of the reporting is to help non-technical people understand the industry environment.
It makes sense to look at the relationships after applying a log transform to both variables. (Dampening the effect of the extreme positive values makes the relationships become much more linear, the residuals become approximately normal etc.)
However, the audience I am reporting the results to will not understand the sentence "log market cap explains ?% of the variance in log CEO compensation". They don't understand the idea of a logarithm or data transformations. Any ideas on saying the exact same thing in an accessible way?
Note: I am not resorting to discussing individual regression coefficients because I am also reporting on R-squared for multivariate models and have been asked to talk about the variance explained by 2+ variables together.